Great Investment Property wheather it's for you to fix and live
here,or for an Investment. This is a Fixer Upper in a settled
neighborhood. This home needs rehab. of sweat equity or a
contractor to come refurbish and to sell. This is an estate
sale and is being sold as is.It's a lovely large 2/3 unit
multifamily home. There's plenty of living space and parking. All
rooms are large and there is a lot of closet space. Heat and
electric are separate for all units. The potential for this home is
amazing.Bonus features are some hard wood floors, separate
utilities,large rooms, good bones, established neighborhood, plenty
of parking, nice sized yard, large garage, heated bonus
room&bathroom above garage, possibly newer heating systems,
(not guaranteed) All offers will be given to the Sellers as they
come in. Come see this home on Sunday 10:00-1:00.First showings
will be at open house. All offers will be presented to sellers on
Mon. 7/2/18 at 5:00pm . Pls. allow up to 72 hrs for a response.
Unit Size
2,366 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$131
Property Type
Multifamily
Property Taxes
$594
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Parking Features: Paved Drive, Off Street, Tandem, Paved
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Storage, Crown Molding, Bathroom With Tub & Shower), Unit 2(Storage, Crown Molding, Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo)
Appliances: Unit 1(None), Unit 2(None), Gas Water Heater, Electric Water Heater, Utility Connections Varies per Unit
Flooring Type: Wood, Other, Unit 1(undefined), Unit 2(Hardwood Floors)
Heating Type: Unit 1(Steam, Gas, Individual, Unit Control), Unit 2(Steam, Gas, Individual, Unit Control)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, Public School, T-Station
32 Brooks
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